MICR Code: 462017006

Bank: Corporation Bank
IFSC Code: Corp0001413
MICR Code: 462017006
Address: Main Road, Mandideep, Distt Raisen 462046
City: Raisen
District: Mandideep
State: Madhya Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 462017006.

  • In this case first three codes 462 is city code and it represents city Raisen.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 006 represents branch. In our case branch is located at address Main Road, Mandideep, Distt Raisen 462046.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.